Pacific Investment Management Co’s global head of equities sees blue skies ahead for companies that could benefit from efforts to mitigate climate change.

Speaking on CNBC Tuesday, Virginie Maisonneuve said she was bullish on stocks in a variety of sectors that could benefit from global efforts to address global warming.

Maisonneuve, who is one of six new deputy chief investment officers at Pimco, said climate change adaptation and mitigation efforts could be a boon to companies in the technology and industrial sectors alike. “That’s an area I like very much,” she said.

Given the comeback stocks have staged since the financial crisis, she said investors are more likely to be successful if they look for returns from individual stocks in niche sectors or with restructuring potential.

“From here it’s not a top-down play on equities, it’s a stock-picking exercise,” she said.

Maisonneuve added that she expected more volatility in the equity markets over the next 12 to 18 months. “We have transition all across the world,” she said, pointing to the US Federal Reserve’s tapering, structural reforms in Japan and emerging markets reacting to US monetary policy.

Addressing the culture at her new employer – which she joined in January from Schroders – Maisonneuve said she was “loving it”. “Clearly it’s a very direct culture which I’m very comfortable with,” she said.

About 3% of Pimco’s $1.91 trillion in assets are invested in equities today. Maisonneuve declined to comment on just how much the firm aimed to manage in equity assets moving forward, but said: “I’m here to help grow it.”